Economy

AIPAC calls for probe of ZESCO, alleges serious inefficiencies

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The Acton Institute for Policy Analysis Centre (AIPAC) has called on President Hakainde Hichilema to establish a Commission of Inquiry to investigate the state of the country’s power utility, ZESCO.

AIPAC Executive Director, Solomoni Ngoma, said the inquiry was long overdue, particularly in light of the emergency electricity tariffs introduced to reduce load shedding, which had reportedly failed to deliver the intended results.

In a statement issued in Lusaka on Tuesday, Ngoma noted that despite placing additional financial pressure on consumers, the power supply situation remained dire.

“ZESCO’s inability to provide a stable and reliable power supply has severe consequences for the economy, businesses, and households,” he said.

Ngoma further criticised the Energy Regulation Board (ERB) for extending emergency tariffs until July 31, 2025, without consulting key stakeholders, saying it raised serious concerns about transparency and accountability.

He added that the expired mandate of the ZESCO Board, along with the unilateral extension of the Board Chairperson’s tenure in the absence of a full board, undermines good corporate governance.

“ZESCO is a strategic national asset. We hold the Board and Managing Director accountable for its stewardship, and we must state that many Zambians have lost confidence in the current Board,” Ngoma said.

He urged the government to declare the ongoing load shedding a national disaster, citing its devastating impact on businesses, households, and the wider economy.

“Many people have lost jobs, businesses have shut down, and the economy has suffered significantly. The load shedding crisis must be addressed with urgency,” he said.

Read More: Why electricity is still being rationed despite improved rainfall—ZESCO

Ngoma also called for a realignment of ZESCO’s priorities, arguing that the current practice of exporting electricity while Zambians endure prolonged blackouts was unacceptable.

While commending government efforts to address the energy crisis, Ngoma warned against overreliance on solar energy, noting its limitations due to climate variability.

He urged the government to provide an update on the proposed nuclear energy project in Chongwe, which he described as a more viable and affordable long-term solution.

“The people are broke and cannot afford to install full solar systems. We need a more sustainable and inclusive backup plan,” he said.

Ngoma appealed to President Hichilema: “We call on the President to take decisive action to resolve the crisis at ZESCO. The time for excuses is over—the time for action is now.”

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